FX swap window may spur PSU rush for overseas loans
Published on: June 10, 2026, 9:31 a.m. | Source: The Economic Times
Public sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5% fixed-rate swap. This initiative is expected to attract significant dollar inflows, offering Indian companies cheaper funding options below 7% compared to domestic rates.
